Black Monday
noun
ECONOMICS,FINANCE,STOCK MARKETukusMonday,October28, 1929, when thepriceofshareson the New York Stock Exchangelosta lot oftheirvalue,causingveryseriouseconomicproblemsin the US andEurope, andleadingto theGreatDepressionof the 1930s :
BlackMondaykickedoff theDepression.
Compare
Black Thursday
Black Tuesday
Black Wednesday
Wall Street Crash
Monday,October19, 1987, when thepriceofshareson the New York Stock Exchangelost508pointsfromtheirvalue,causingproblemsinstockmarketsaround theworld:
Itlauncheditsfirstunittrustsat aninauspicioustime-July1987, just threemonthsbeforeBlackMonday.
Monday,October27, 1997, when thepriceofshareson the New York Stock Exchangelost554pointsfromtheirvalue,causingproblemsinstockmarketsaround theworld